Adient reports second quarter financial results

Rhea-AI Summary

Adient (NYSE: ADNT) reported Q2 FY2026 results on May 6, 2026. GAAP net income was $27M with diluted EPS $0.34. Adjusted EPS was $0.52 and Adj. EBITDA was $223M with a 5.8% Adj. EBITDA margin. Gross debt was ~$2.4B, net debt ~$1.6B, and cash totaled $831M at March 31, 2026. The company said it is modestly raising FY26 guidance while expecting $35M of higher input costs in H2 FY26.

Positive

• Adj. EBITDA of $223M reported for Q2 FY2026
• Company said it is modestly raising FY26 guidance
• Cash and equivalents of $831M at March 31, 2026

Negative

• Adj. EBITDA margin of 5.8% in Q2 FY2026
• Expecting $35M of increased input costs in H2 FY26
• Gross debt of ~$2.4B and net debt of ~$1.6B at March 31, 2026

Key Figures

Q2 GAAP net income: $27M Q2 GAAP diluted EPS: $0.34 Q2 Adj. diluted EPS: $0.52 +5 more

8 metrics

Q2 GAAP net income $27M Q2 FY2026 results

Q2 GAAP diluted EPS $0.34 Q2 FY2026 results

Q2 Adj. diluted EPS $0.52 Q2 FY2026 results

Q2 Adj.-EBITDA $223M Q2 FY2026 results

Adj.-EBITDA margin 5.8% Q2 FY2026 results

Gross debt $2.4B Balance sheet at March 31, 2026

Net debt $1.6B Balance sheet at March 31, 2026

Cash & equivalents $831M Balance sheet at March 31, 2026

Market Reality Check

Price: $20.67 Vol: Volume 921,569 is 18% abo...

normal vol

$20.67 Last Close

Volume Volume 921,569 is 18% above 20-day average 783,727, showing elevated interest ahead of earnings. normal

Technical Shares at $20.67 are trading below the 200-day MA of $22.06 and about 24.34% under the 52-week high.

Peers on Argus

ADNT is up 1.42% with several auto parts peers also higher: GT +2.76%, PHIN +1.8...

1 Down

ADNT is up 1.42% with several auto parts peers also higher: GT +2.76%, PHIN +1.85%, GTX +4.56%, while DAN is down 1.11%. Scanner momentum only flagged ATMU (-4.41%) earlier.

Previous Earnings Reports

5 past events · Latest: Apr 07 (Neutral)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Apr 07	Earnings call notice	Neutral	-0.7%	Announcement of Q2 FY2026 results conference call and webcast details.
Feb 04	Quarterly earnings	Positive	+15.2%	Q1 FY2026 results with higher Adj.-EBITDA and raised full-year guidance.
Jan 13	Earnings call notice	Neutral	+3.2%	Scheduling of Q1 FY2026 financial results call with access details.
Nov 05	Full-year results	Positive	-16.7%	Q4 and FY2025 profitability, solid EBITDA and buybacks but negative reaction.
Oct 01	Earnings call notice	Neutral	+1.3%	Announcement of Q4 FY2025 results call and investor access information.

Pattern Detected

Earnings-related headlines often see modest price moves, with most announcements and calls aligning with sentiment, but one recent full-year report saw a sharp negative divergence.

Recent Company History

Over the past year, Adient’s earnings news has ranged from scheduling calls to reporting full quarterly and annual results. A Q1 FY2026 report on Feb 4, 2026 showed improved Adj.-EBITDA and higher FY2026 guidance, prompting a strong positive reaction. By contrast, FY2025 results on Nov 5, 2025 coincided with a sizable decline despite profitability and solid cash flow. Call-announcement headlines on Oct 1, 2025, Jan 13, 2026, and Apr 7, 2026 produced smaller, mixed moves, suggesting expectations play a key role around detailed earnings releases.

Historical Comparison

+0.5% avg move · In the last 5 earnings-tagged headlines, ADNT moved an average of 0.47%, with reactions ranging from...

earnings

+0.5%

Average Historical Move earnings

In the last 5 earnings-tagged headlines, ADNT moved an average of 0.47%, with reactions ranging from modest shifts around call notices to sharp swings on detailed quarterly and full-year results.

Earnings news has progressed from FY2025 results into Q1 and Q2 FY2026, with recurring conference calls and updated FY2026 guidance shaping investor expectations over multiple quarters.

Market Pulse Summary

This announcement details Q2 FY2026 results, with GAAP net income of $27M, diluted EPS of $0.34 and ...

Analysis

This announcement details Q2 FY2026 results, with GAAP net income of $27M, diluted EPS of $0.34 and Adj.-EBITDA of $223M at a 5.8% margin. Adient ended the quarter with $831M in cash versus gross debt of $2.4B and net debt of $1.6B, while modestly raising FY2026 guidance despite an expected $35M input cost headwind. Investors following prior earnings may watch future guidance updates, margin trends, and balance-sheet progress to gauge sustainability.

Key Terms

gaap, eps, adj.-ebitda, non-gaap

4 terms

gaap financial

"Q2 GAAP net income and EPS diluted of $27M and $0.34, respectively"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

eps financial

"Q2 GAAP net income and EPS diluted of $27M and $0.34, respectively"

Earnings per share (EPS) measures how much profit a company makes for each outstanding share of its stock by dividing the company’s profit after expenses by the number of shares. It matters to investors because it shows how much of the company’s “pie” each share represents—higher EPS usually signals greater profitability per share, helps compare companies of different sizes, and influences stock valuations and investor decisions.

adj.-ebitda financial

"Q2 Adj.-EBITDA of $223M; Adj.-EBITDA margin of 5.8%"

Adjusted EBITDA is a company’s operating profit measure that starts with earnings before interest, taxes, depreciation and amortization (EBITDA) and then removes one-time, unusual or non-cash items to show recurring cash earnings. Think of it like cleaning a photo by removing temporary marks so you can better see the steady picture; investors use it to compare underlying business performance and cash-generating ability, but must check what items were removed because adjustments can vary widely.

non-gaap financial

"reconciliations of non-GAAP measures to their most directly comparable GAAP measures"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

AI-generated analysis. Not financial advice.

PLYMOUTH, Mich., May 6, 2026 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2026 financial results.

• Q2 GAAP net income and EPS diluted of $27M and $0.34, respectively; Q2 Adj.-EPS diluted of $0.52
• Q2 Adj.-EBITDA of $223M; Adj.-EBITDA margin of 5.8%
• Gross debt and net debt totaled ~$2.4B and ~$1.6B, respectively, at March 31, 2026; cash and cash equivalents of $831M at March 31, 2026
• Adient is modestly raising its FY26 guidance despite $35M of increased input costs expected in H2 FY26

For complete details and to see reconciliations of non-GAAP measures to their most directly comparable GAAP measures, visit the events section of the Adient investor website at https://investors.adient.com/events-and-presentations/events to download the full press release and earnings presentation.

Investor analyst conference call:
Adient's president and chief executive officer, Jerome Dorlack, and executive vice president and chief financial officer, Mark Oswald, will host a conference call today at 8:30 a.m. Eastern to discuss the results. To participate by telephone, please dial 888-566-1827 (U.S.) or 773-799-3976 (international) 15 minutes prior to the start time of the call and ask to be connected to the Adient conference call. The conference passcode is ADIENT.

About Adient:
Adient (NYSE: ADNT) is a global leader in automotive seating. With more than 65,000 employees in 29 countries, Adient operates ~200 manufacturing/assembly plants worldwide. We produce and deliver automotive seating for all major OEMs. From complete seating systems to individual components, our expertise spans every step of the automotive seat-making process. We take our products from research and design to engineering and manufacturing — and into millions of vehicles every year. For more information, please visit www.adient.com.

Cautionary Statement Regarding Forward-Looking Statements:
Adient has made statements in this document that are management's perspective of forward-looking information and, therefore, are subject to risks and uncertainties. All statements in this document other than statements of historical fact are statements that are, or could be, deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In this document, statements regarding Adient's future financial position, sales, costs, earnings, cash flows, other measures of results of operations, capital expenditures or debt levels and plans, objectives, outlook, targets, guidance or goals are forward-looking statements. Words such as "future," "may," "will," "would," "could," "can," "expect," "intend," "estimate," "anticipate," "believe," "should," "forecast," "predict", "project" or "plan" or terms of similar meaning are also generally intended to identify forward-looking statements. Adient cautions that these statements are subject to numerous important risks, uncertainties, assumptions and other factors, some of which are beyond Adient's control, that could cause Adient's actual results to differ materially from those expressed or implied by such forward-looking statements, including, among others, risks related to: the effects of local and national economic, credit and capital market conditions (including the persistence of high interest rates, vehicle affordability and volatile currency exchange rates) on the global economy, increased competitive pressures in the EMEA and Asia regions from Chinese OEMs, uncertainties in U.S. administrative policy regarding trade agreements, tariffs and other international trade relations, automotive vehicle production levels, mix and schedules, as well as the concentration of exposure to certain automotive manufacturers particularly new entrants in the China market, shifts in market shares among vehicles, vehicle segments or away from vehicles on which Adient has significant content, changes in consumer demand, risks associated with Adient's joint ventures, volatile energy markets, Adient's ability and timing of customer recoveries for increased input costs, the availability of raw materials and component products (including components required by Adient's customers for the manufacture of vehicles), risks associated with warranty and product recall and product liability exposures, geopolitical uncertainties such as the Ukraine and Middle East conflicts and the impact on the regional and global economies and additional pressure on supply chain and vehicle production, the ability of Adient to effectively launch new business at forecast and profitable levels, the ability of Adient to successfully identify suitable opportunities for organic investment and/or acquisitions and to integrate such investments and/or acquisitions, work stoppages, including due to strikes, supply chain disruptions and similar events, wage inflationary pressures due to labor shortages and new labor negotiations, the ability of Adient to execute its restructuring plans and achieve the desired benefit, the ability of Adient to meet debt service requirements and terms of future financing, the impact of global tax reform legislation, the impact of more aggressive positions taken by tax authorities, potential adjustment of the value of deferred tax assets, global climate change and related emphasis on sustainability matters by various stakeholders, and the ability of Adient to achieve its sustainability-related goals, cancellation of, or changes to, commercial arrangements, and the ability of Adient to identify, recruit and retain key leadership. A detailed discussion of risks related to Adient's business is included in the section entitled "Risk Factors" in Adient's Annual Report on Form 10-K for the fiscal year ended September 30, 2025 filed with the U.S. Securities and Exchange Commission (the "SEC") on November 18, 2025, and in subsequent reports filed with or furnished to the SEC, available at www.sec.gov. Potential investors and others should consider these factors in evaluating the forward-looking statements and should not place undue reliance on such statements. The forward-looking statements included in this document are made only as of the date of this document, unless otherwise specified, and, except as required by law, Adient assumes no obligation, and disclaims any obligation, to update such statements to reflect events or circumstances occurring after the date of this document.

Use of Non-GAAP Financial Information:
This document also contains non-GAAP financial information because Adient's management believes it may assist investors in evaluating Adient's on-going operations. Adient believes these non-GAAP disclosures provide important supplemental information to management and investors regarding financial and business trends relating to Adient's financial condition and results of operations. Investors should not consider these non-GAAP measures as alternatives to the related GAAP measures. Non-GAAP measures include Adjusted EBIT, Adjusted EBITDA, Adjusted net income, Adjusted effective tax rate, Adjusted earnings per share, Adjusted equity income, Adjusted interest expense, Free cash flow and Net debt. For further detail and reconciliations to their closest GAAP equivalents, please see the appendix. Reconciliations of non-GAAP measures related to FY 2026 guidance have not been provided due to the unreasonable efforts it would take to provide such reconciliations. This document also contains the key performance indicator of business performance, which is defined as the difference in period-over-period Adjusted EBITDA excluding production volume/mix, equity income, foreign exchange and net commodity pricing. Management believes this key performance indicator encompasses the significant drivers of the performance of the business that are within management's ability to influence and may assist investors in evaluating Adient's on-going operations and provide important supplemental information regarding financial and business trends relating to Adient's financial condition and results of operations. Investors should not consider this key performance indicator as an alternative to our GAAP financial results.

ADNT-FN

View original content:https://www.prnewswire.com/news-releases/adient-reports-second-quarter-financial-results-302763010.html

SOURCE Adient

FAQ

What were Adient's reported Q2 FY2026 earnings and EPS (ADNT)?

Adient reported GAAP net income $27M and diluted EPS $0.34 for Q2 FY2026. According to the company, adjusted EPS was $0.52.

How much adjusted EBITDA did Adient (ADNT) report in Q2 FY2026?

Adient reported Adjusted EBITDA $223M for Q2 FY2026. According to the company, the Adj. EBITDA margin for the quarter was 5.8%.

What is Adient's (ADNT) debt and cash position as of March 31, 2026?

As of March 31, 2026, Adient reported gross debt ~$2.4B, net debt ~$1.6B, and cash $831M, according to the company.

Did Adient (ADNT) change its FY26 outlook after Q2 results?

Adient said it is modestly raising FY26 guidance following Q2 results. According to the company, this raise occurs despite expected H2 input cost pressure.

How much additional input cost did Adient (ADNT) forecast for H2 FY26?

Adient expects approximately $35M of increased input costs in H2 FY26, according to the company, and has factored this into its updated guidance.